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Danvers 01923
13 Overlook Drive
$490,000
● House - Off Market

13 Overlook Drive

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,886 Ft²
$740,015
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Welcome home to Danvers! You will love this stunning open concept kitchen with light cherry cabinetry, granite countertops, oversized center island, SS appliances including gas cooktop and double wall ovens, hardwood flooring, pendant and recessed lighting and large dining area. The front to back living room has a wood burning fireplace, also with hardwood floors. Half bath is updated with marble top vanity, tile floors and laundry. The second floor offers a front to back master bedroom with double closets and hardwood floors.  Two additional bedrooms and a luxurious full bath with tile shower/tub. tile floor and quartz top vanity. The lower level offers a family room/playroom. 2 car garage. Huge deck off the back. Security, irrigation. New heating system (Rinnai 2017), newer hot water tank (2014).
Unit Size
1,886 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$265
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72340300)

Price History

Date / Event Date Event Price
Aug 10, 2018 Sold
Premium
Sold
Jun 6, 2018 Listed by Coldwell Banker Residential Brokerage - Beverly $499,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Jul 2, 2001 Sold
Premium
Sold
Feb 24, 2001 Listed $324,900
Listed
BEAUTIFUL 7 ROOM 3 BEDROOM, 1/5 BATH, 2 CAR UNDER WITH FAMILY ROOM ON CUL DE SAC.
Aug 6, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,120
  • Total Building Area: 1,886
  • Gross Building Area: 3,306
  • Building Area: 1,886
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,886
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERLOOK DRIVE
  • Land Acres: 0000000462
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211100

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:045 L:174 P:
  • Lot: 174
  • Municipality: DANVERS
  • Latitude: 42.5666
  • Longitude: -70.9116

    Address

  • Full Address: 13 Overlook Dr
  • Address - House Number: 13
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C023
  • 4-Digit Zip Code: 3467
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $720,000

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 729,142
  • High Value: 853,426
  • Low Value: 604,857

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $648,100
  • Assessed Land Value: $384,900
  • Assessed Improvements Value: $263,200

    Sales

  • Current Sale Recording Date: Aug 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180810002030
  • Previous Sale Recording Date: Aug 06, 1991
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Danvers

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72340300

Frequently Asked Questions

When was property at 13 Overlook Drive built and last sold?
The property at 13 Overlook Drive was built in 1990 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 13 Overlook Drive is $517,468.
What are some comparable homes to 13 Overlook Drive?
There are currently no comparable homes to 13 Overlook Drive.
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